Grenadian PM Highlights Devastating Economic Impact of Hurricane Beryl
Grenadian Prime Minister Dickon Mitchell reported on Tuesday that preliminary estimates indicate losses from Hurricane Beryl may account for up to a third of the nation's economic output. The Caribbean island, with a GDP of approximately $1.3 billion, faces extensive damage to homes, farms, and critical infrastructure.
Grenadian Prime Minister Dickon Mitchell announced on Tuesday that early estimates suggest Hurricane Beryl, which devastated the Caribbean earlier this month, may have caused losses amounting to a third of the nation's economic output.
The small Caribbean island nation reported a gross domestic product (GDP) of about $1.3 billion last year, based on World Bank data. For context, Hurricane Ivan in 2004 resulted in loses twice as significant as the nation’s GDP at the time.
Mitchell warned that these estimates remain preliminary, noting Beryl’s extensive damage to homes, farms, electricity grids, mangrove forests, water infrastructure, and the fishing sector.
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